• 제목/요약/키워드: Corporate Sustainable Growth

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Intellectual Capital and Corporate Sustainable Growth: The Indian Evidence

  • Mukherjee, Tutun;Sen, Som Sankar
    • Asian Journal of Business Environment
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    • 제9권2호
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    • pp.5-15
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    • 2019
  • Purpose - The present study endeavours to investigate the impact of intellectual capital (IC) and its components on corporate sustainable growth in India. In addition, this study aims to find out the most influential component of IC on corporate sustainable growth in India. Research design, data, and methodology - A sample size of top 139 NSE listed non-financial companies over a time period of five years has been used in this monograph. The impact of intellectual capital and its components on corporate sustainable growth has been examined using the longitudinal data analysis technique. Results - The findings of this study bring to light that intellectual capital (IC) as measured by the M-VAIC model demonstrates a significant impact on corporate sustainable growth. Considerably, the results also reveal that almost all the explanatory variables viz. Physical Capital, Relational Capital, Innovation Capital, and Process Capital exercise notable influence in explaining corporate sustainable growth. Moreover, the results demonstrate Innovation Capital (controlling the effect of Physical Capital) represents the most influential component of IC on corporate sustainable growth. Conclusions - The research findings show that in the Indian context, both physical capital, and IC (overall), as well as its components, play a crucial role to explain corporate sustainable growth.

한국 프랜차이즈 지속가능경영을 위한 자생적 동반성장 모형 (Self Sustainable Win-Win Growth Model for Korea Franchise Corporate Sustainability)

  • 김인숙;리상섭
    • 한국프랜차이즈경영연구
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    • 제9권1호
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    • pp.7-15
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    • 2018
  • Purpose - The purpose of this study was to establish self sustainable win-win growth model for Korea franchise corporate sustainability and to suggest theoretical and practical implications for franchise management. Research design, data, and methodology - This study is based on literature review methodology. Result - The study suggested the ways of self sustainable win-win growth model for Korea franchise corporate sustainability. First, franchiors should strengthen requisite & specify in the contract, share information & strengthen transparency, and establish win-win management support system for control & autonomy balance. Second, franchises should develop CEO management competency & employee work competency, and establish recognition for Intellectual Property Rights Use. Third, franchisors and franchises should implement contract sincerely, strengthen Organizational Citizenship Behavior, and solve moral laxity. Forth, franchisors and franchises should establish trust and value with communication to make Creating Social Value. Fifth, franchisors and franchises should realize self sustainable social value for corporation and social community. To make this, franchsors and franchise should establish self sustainable win-win growth ecosystem with people, system, culture, innovation. Conclusions - First, Franchisors and franchises should distribute 'Self sustainable win-win growth 2025 for Korea franchise corporate sustainability' and 'Self sustainable win-win growth model for Korea franchise corporate sustainability'. Second, Franchisors and franchises should change their perspective about franchise industry. Third, Franchisors and franchises should develop various training and development plans for franchise industry. Fourth, Franchisors and franchises should establish franchise performance certificate system.

지속성장을 위한 사회적 책임(CSR)의 전략적 활용: 중국 내 자동차 기업에 대한 탐색적 사례연구 (The Role of Corporate Social Responsibility for Sustainable Growth: An Exploratory Case Study on Auto Corporations)

  • 백서인;권상집
    • 지식경영연구
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    • 제16권3호
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    • pp.103-128
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    • 2015
  • This study sheds light on the role of corporate social responsibility in firms' growth by investigating how and what corporate social activities may flow down china auto industry market. This study results based on in-depth case studies from 5 international auto corporations suggest that positive diverse corporate social responsibility amplified that the influence of commitment to the customer on firm's brand loyalty and sustainable growth. The most important thing is that strategic corporate social responsibility activities including new venture creation support and national project program will have a positive influence on the firm's growth and brand reputation. We build on advanced solutions to examine the unique and joint activities of auto corporations based on china auto industry market and important factors affecting sustainable growth in auto corporations. Contributions and implication of this study for current and future corporate social responsibility research are discussed.

지속가능 성장을 위한 ESG경영전략 : 삼성바이오로직스 사례를 중심으로 (A Study on ESG Management Strategy for Sustainable Management : Focusing on Samsung Biologics Case)

  • 이창기;김성건
    • 디지털산업정보학회논문지
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    • 제19권4호
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    • pp.179-192
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    • 2023
  • ESG is the hottest topic in recent business management or business administration. In particular, with the release of the IPCC's 6th comprehensive report in 2023, environmental issues have been further raised around the world, and ESG management for sustainable and permanent companies is accelerating by improving social and governance structures, including the environment, and thereby enhancing corporate value. This case study is analyzed based on the theory of sustainable growth, creating shared value, and corporate social responsibility. This study focuses on the case of Samsung Biologics, which is pursuing sustainable growth and management through ESG management. Samsung Biologics is the first Korean company to win the "Terra Carta Seal" award, part of a sustainable market initiative to respond to climate change, and externally, it has acquired the Dow Jones Sustainability Index, acquired the KCGS ESG comprehensive evaluation A grade, acquired the CDP B grade, and acquired the EcoVadis Gold grade. It has joined the Sustainable Market Initiative launched by King Charles III since the World Economic Forum in 2020 to chair the Supply Chain. It has joined RE100, TCFD, and UN Global Compact to lead sustainable management through ESG activities. Therefore, we would like to take a practical approach to ESG management strategies for sustainable growth through the example of this company.

Optimizing Business Opportunities: The Evolving Landscape of Smart Cities in South Korea

  • Yooncheong CHO;Jooyeol MAENG
    • Asian Journal of Business Environment
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    • 제14권2호
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    • pp.1-10
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    • 2024
  • Purpose: The purpose of this study is to investigate the essential factors contributing to the growth and success of smart cities, providing a comprehensive analysis of key elements that are crucial in fostering the development of smart cities. This study explored the impacts of technology-driven applications, corporate involvement, the role of experts, citizen co-creation, city-led strategy governance, and sustainable urban practices on overall attitudes towards smart cities. Additionally, the study examined the impact of overall attitude on the growth trajectory of the smart cities and satisfaction. Research design, data and methodology: To collect data, this study employed an online survey conducted by a reputable research organization. Data analysis involved the use of factor analysis, ANOVA, and regression analysis. Results: This study unveiled significant impacts of technology-driven applications, corporate involvement, the role of experts, citizen co-creation, city-led strategy governance, and sustainable urban practices on the overall attitudes. Furthermore, it demonstrated that the overall attitude significantly influences the growth trajectory of smart cities. Conclusions: This study identified key driving factors for smart city development, suggesting that the consideration of sustainable urban practices emerges as the most significant factor influencing the growth of the smart cities.

한국기업의 글로벌화를 위한 CSR전략에 관한 연구 (A Study on the Strategy of Corporate Social Responsibility for Globalization of Korean Firms)

  • 홍성헌;이수형
    • 통상정보연구
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    • 제11권4호
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    • pp.313-344
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    • 2009
  • Corporate Social Responsibility(CSR) is considered recently a key factor for the firm's success and sustainable growth in today's changing business environments. Discussions on CSR are extensively unfolding in various sectors, public, civil society and business organizations, across the world. Consumer in foreign markets have been insisted that multinational corporations and foreign supplier need to adapt their business activities to not only the economic, but also social needs of the consumer. Therefore Korean companies operating in global markets need their global CSR strategy, which will contribute to the improvement of their international competitiveness and long term growth. Thus, the purpose of this study is to report on the strategy of corporate social responsibility through the literature review and illustration of CSR activities of the leading companies in global market. In addition, this paper is aimed to provide Korean firms the insight in reinforcement of global competitiveness in relation of strategic CSR.

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A Conceptual Approach to Green Human Resource Management and Corporate Environmental Responsibility in the Hospitality Industry

  • TULSI, Paudel;JI, Yunho
    • The Journal of Asian Finance, Economics and Business
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    • 제7권1호
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    • pp.195-203
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    • 2020
  • Substantial growth in the economy and extensive use of natural resources has become a major issue in the modern world. Organizations have started to worry about the environment and are beginning to invest in and practice green strategies. Companies should be responsible for the environment and use sustainable methods to run their businesses. The main purpose of this study is to explore the conceptual approach to Green Human Resource Management (GHRM) practices and Corporate Environmental Responsibility (CER) in the hospitality industry. The theoretical framework of GHRM practices such as green recruitment, green selection, green training and development, green performance appraisal, green reward and compensation, and corporate environmental responsibility have been comprehensively studied for this purpose. Green Human Resource Management in the hospitality sector is a less studied and rarely implemented phenomenon. The integration of GHRM and CER along with green competitive advantage and green supply chain management in hospitality is new concept in hospitality industry. Study suggests that Corporate environmental responsibility (CER) and Green Human Resource Management (GHRM) have a significant role in the hospitality industry. However, for sustainable development of tourism and hospitality, this concept should be capitalized with necessary research and development.

문화를 통한 지속가능한 기업시민 실천을 위한 연구 (A Study on Corporate Practices of Sustainable Corporate Citizenship Activities with Culture)

  • 손예령
    • 예술경영연구
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    • 제56호
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    • pp.119-144
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    • 2020
  • 그동안 문화분야의 성장과 발전을 위하여 정부뿐만 아니라 기업에서도 많은 기여를 해왔다. 그러나 기업에서는 주로 자선적이거나 시혜적인 메세나(mecenat) 활동을 펼쳐왔고, 기업의 업(業)과 분리되어 이루어져 왔다. 이러한 일방적이고, 업과 분리된 방식은 오랫동안 지속되기 어렵다. - 문화 분야를 지원하는 기업의 수가 점차 줄어들고 있는 이유도 여기에 있다. - 기업과 문화예술계가 지속가능한 동반자 관계(partnership)를 유지하기 위해서는 서로의 니즈(needs)를 파악하여 상호 호혜적인 방향으로 진행되어야 하며 특히, 기업의 업과 연계된 기업시민(Corporate Citizenship)활동이 이루어져야 한다. 따라서 본 연구에서는 문화를 통한 지속가능한 기업시민 실천방향에 대하여 모색하였다. 이를 위하여 문화와 지속가능한 발전에 관하여 언급한 글로벌 어젠다를 살펴 보았으며, 아울러 국내·외의 문화분야에 대한 기업시민 실천사례 분석을 통해 지속 가능한 기업시민 실천에 대한 방향을 모색해 보았다. 먼저, 문화를 통한 지속가능한 기업시민 실천을 위하여, 기업은 지역문화에 대한 지원은 물론, 그 지역만이 가진 차별적인 문화와 매력을 활용하여 라이프스타일 기업으로 거듭나야 한다. 이를 통해, 지역사회와 상생하고 지역주민들의 삶의 개선하는 데 기여할 수 있기 때문이다. 그리고 앞으로 주도할 시장에서 문화는 혁신과 창의성을 이끄는 강력한 무기가 될 것이며 이러한 문화를 적극 활용한다면, 내부적으로는 조직 내 창의성 개발 및 조직문화 개선에 도움이 되며, 대외적으로는 브랜드 이미지 향상에 기여할 것이다. 또한, 기업이 공유된 가치를 창출하는 문화예술단체(또는 예술가)와 파트너십을 맺어 지속적이고 안정적으로 지원하고, 문화계에서도 기업의 경영 목적에 부합되는 매력있는 콘텐츠 및 프로그램을 개발하는 등의 노력이 이루어진다면, 기업의 지원과 소비를 지속적으로 끌어냄은 물론, 기업-문화예술계-지역사회 간의 지속가능한 생태계가 구축될 수 있을 것이다.

지속가능 경영을 위한 ESG경영 -LX하우시스를 사례를 중심으로- (A Study on ESG Management for Sustainable Management - Focusing on LX Hausys Case)

  • 김성건;김중화
    • 디지털산업정보학회논문지
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    • 제19권2호
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    • pp.121-133
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    • 2023
  • Sustainability is bound to be an eternal topic for managers who run companies. This sustainability is required not only by managers but also by various stakeholders. As a result, many companies are implementing sustainable management and are actively utilizing ESG, which has become a hot topic since 2020. In this study, we examined sustainable management and ESG, focusing on LX Hausys, which was the first in the interior industry to write a sustainable management report and received an ESG evaluation grade A for five consecutive years. As LX Hausys promoted sustainable management, it naturally focused on ESG management. As a result of meeting with LX Hausys HR executives and ESG managers for this study, ESG is not accepted as a new one. Rather, he emphasized that there is no need to approach this approach to ESG with grandeur and difficulty. This approach is consistent with the argument that ESG is a true approach to sustainable growth, not a management strategy based on the times. Like LX Hausys, ESG management can be consistently and continuously performed when implementing ESG strategies based on the resources and capabilities of companies, which can be seen as leading to corporate sustainability. This ESG management will be the right way to create a permanent company.

기업의 공공성이 사회적 책임 인식과 브랜드 태도에 미치는 영향 연구 (A Study on the Impact of Corporate Publicity on Social Responsibility Perception and Brand Attitude)

  • 강소영
    • 한국콘텐츠학회논문지
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    • 제20권7호
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    • pp.379-391
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    • 2020
  • 한국사회를 주도해온 성장주의 패러다임이 이제 임계점에 도달하였다. 기업에게 개별적인 경쟁을 통한 성과 창출에 열중하기 보다는 공공성의 가치를 둔 상생과 연대적인 성장의 요구가 높아지고 있다. 이러한 배경에서 기업 공공성의 개념과 구성요인에 대해 살펴보고자 한다. 그리고 기업의 공공성이 기업의 사회적 책임에 영향을 미치고, 소비자들의 호감도와 신뢰도에 영향을 미치는 변수라는 인과관계를 검증을 통해서 공공성이 기업운영에 실체적인 경쟁력이자 지속가능성을 위한 중요한 핵심 경영 활동으로 인식될 가능성의 탐색 차원에서 연구를 진행하고자 한다. 연구결과 기업 공공성은 진정성, 능동성, 공익성, 화합성, 공동체성의 5가지 차원으로 구성되는 것을 확인하였다. 그리고 기업의 공공성이 기업의 사회적 책임 평가 전반에 있어서 유의미한 영향을 미친다는 인과관계를 통계적으로 검증하였다. 마지막으로 기업의 공공성과 기업의 사회적 책임 활동이 기업브랜드의 태도에 미치는 영향에 있어서도 전반적으로 긍정적인 영향을 미치는 것으로 확인되었다. 이러한 결과를 바탕으로 기업이 탁월한 성과를 지속적으로 창출하기 위해서의 공공성 강화와 그에 따른 실천적 행위를 강조하는 함의를 도출하였다.